Private company turnover is 101 crores and how much tax rate applicable
Narasimha Narsi (81 Points)
02 May 2019Narasimha Narsi (81 Points)
02 May 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14868 Points)
Replied 02 May 2019
For the Financial year 19-20 ,Where total turnover or the gross receipt in the previous year 2016-17 dose not exceeds 250 crore then Tax is 25% of the Total Income (plus surcharge + health & edu cess )
For Advance tax
1) on or before 15/6/2019 15 % of the Advance Tax
2) on or before 15/9/ 2019 45% of the Advance Tax
3) on or before 15/12/2019 75% of the Advance Tax
4) on or before 15/3/2019 100% of the Advance tax .
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